norok

64:22

norok Wizard

Frigid temperatures and frigid markets hit the USA as we go into Christmas. What do the charts tell us about the rest of the year and into 2023 for stocks, futures, Bitcoin, Ethereum, and Monero?

norok Wizard

Monero KRAKEN:XMRUSD continues to outperform the other major cryptocurrencies through this crypto bear market cycle. Last week Monero entered a bullish trend when both price and Momentum (Lagging Span/Chikou) closed above the Daily Ichimoku cloud. This is the confirmation of a new bull trend starting. Momentum has since gotten back inside the cloud but over...

92:36

norok Wizard

Let's talk about this big week as the market reaches a top!

norok Wizard

The price action of 2022 has been dominated by inflation related news. The start of the recent rally began with the October CPI print where an expected 8.3% came in at an actual 8.2%. This was a slight change but the first sign that inflation may have peaked and thus the Fed might pivot from their interest rate hikes. The market has loathed higher interest...

88:01

norok Wizard

Money Printer go less brrrr? A lot hinges on the last FOMC rate announcement of 2022. Let's hang out and trade it live...

69:49

norok Wizard

Will the Santa rally kick off next week? Let's look for opportunities!

90:57

norok Wizard

Back from Thanksgiving and markets are moving (equities anyway). Will SBF serve a day in jail? I want to start a pool... Was the FTX drama the last FUD to mark the bottom of crypto? Is the Santa Claus rally coming? Will I ask more interesting leading

norok Wizard

Today those day trading the Nasdaq futures could clearly observe the classic "Yum" pattern emerge on the chart of CME_MINI:NQ1! Nasdaq future. This follows a touch of major Resistance; the 50% Retracement of the August high to October low following a major JPow rally from yesterday setting up a double top at said Retracement level.

73:18

norok Wizard

The rally off last week's CPI has lifted equities but cryptocurrencies still lag. This week we will talk about some of the positions I am in, some more info about the FTX collapse, and talk about viewer's ideas. Santa Claus rally SOON?

norok Wizard

This morning's 10am scan yielded bullish price action spikes on both AMD and INTC. I like the level that Intel NASDAQ:INTC is holding to for a swing trade. The first target will be a retest of this week's high. In the longer term after a very long bearish trend the chip makers have begun to turn. It is somewhat "late" in the turn from October but there are...

norok Wizard

Monero/Bitcoin BITFINEX:XMRBTC made a new high for the year. Over the last year's bear market Monero has outperformed Bitcoin by almost 100%. Monero is proving itself to be a greater "store of value" during this cycle than the past champion of Bitcoin. Monero is a cryptocurrency that has been around since 2014 and is based on "privacy by default." It is my...

70:21

norok Wizard

Big liquidations in cryptocurrency trading markets this week! To channel Warren Buffett... the tide is still going out and we have yet to see who all is swimming naked! Let's talk about what happened this week and make some forecasts!

norok Wizard

Bitcoin testing the June low from the underside as Resistance now. Big line in the sand... watch to see where today closes...

norok Wizard

For the first time in many months the price of Bitcoin COINBASE:BTCUSD has pushed a closing bar outside of the Daily Ichimoku Cloud. Using the Daily Ichimoku Cloud indicator on the traditional setting (9, 26, 52, 26) has been an accurate tool in defining the trend of Bitcoin going back over a decade. I even did a study proving that the performance of using...

96:29

norok Wizard

The market sits on edge with every FOMC Meeting. Let's hang out, talk, and trade the money printer news!

11:48

norok Wizard

Today was an unexpectedly exciting morning to trade Nasdaq futures CME_MINI:NQ1! ! I love trading false breakouts and this morning (November 1, 2022) provided double sided action where buyers and sellers battled it out. The one to break first was going to be the winner and today it was the bears! My best strategy which I have been honing for years relies...

norok Wizard Updated 

BITFINEX:ETHBTC Ethereum / Bitcoin is getting curiously tight around the 50% Retracement Level. Price abhors a consolidation and one direction or another we can expect to see a fast move away from this level. It will be interesting to watch this near term answer to the debate of which currency is going to become more dominant... See below for Higher Timeframe Analysis

49:17

norok Wizard

Every. Single. Trader. is confused by this week's CPI print. Let's talk about what it means and if this was actually THE bottom or just A bottom...